Econometric Analysis of the Effect of Economic Globalization, Energy Intensity, Urbanization, Industrialization and Growth on CO2 Emissions of Bangladesh

Managing Global Transitions

卷:16

关键词: johansen co-integration;    globalization;    co2 emissions;    urbanization;    industrialization;   

DOI  :  10.26493/1854-6935.16.335-354

来源: DOAJ

【 摘 要 】

This paper examines the effect of economic globalization, energy intensity,urbanization, industrialization and growth on per capita CO2 emissionsof Bangladesh employing techniques of Johansen co-integration, VectorError-Correction Models (VECM) and VEC Granger Causality Tests. Toanalyse the impacts of innovations in all variables on CO2 emissions, thisstudy additionally employs variance decomposition (VDC) for robust findings.The result of long run and causality test postulates that growth stimulatesenergy consumption and consequently causes CO2 emissions. VDCresult posits that in the long run, energy intensity, urbanization, industrializationand growth contribute more than 60% of the CO2 emission inBangladesh. On the other hand, effect of economic globalization becomesstronger in the long run but in explaining fluctuations in CO2 emissions itcontributes only 9%. To avoid adverse effect of growth implementations ofenergy conservation policies are needed.

【 授权许可】

Unknown